Thursday, September 24, 2009

DAILY REPORT ON NIFTY BY kadiyali - 24.09.09 (Thursday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 4930 against its previous close of 4963, and is currently trading at 4909. It has so far recorded a HIGH of 4938 & a LOW of 4908. Asian cues are mixed, US futures are in red, and European markets may open in negative tracking Wall Street losses. Nifty will have a volatile trading today being the last day of Sept expiry, trading in negative all through the day, falling even below 4900 towards the middle of the session, but is likely to recover smartly towards the end to post a close above 4900. Trading range for NF is likely to be 4870-4950.

Market Closing Report

Nifty futures closed the day at 4986, up 23 points, after touching a high of 4995 & a low of 4908.


No comments:

Post a Comment